it looks like Paypal is looking to take a piece of Apple’s iTunes share as it may allow a fair number of artists to publish their music online and get paid for it directly.

“According to a press release on shareholder.com, PayPal are introducing micropayments processing fees for digital goods. Will this allow musicians to do away with record companies completely and successfully sell their own music online?” It looks geared to be the under $2 area and not the couple of pennies area, so I think calling it “Micropayments” is a bit much, but it’s something.

Related posts:

PayPal to offer mobile phone-based payments soon
Paypal + iTunes Music Store = goooood
Universal Music to sell DRM-free music online
Send Paypal Via Skype Soon
PayPal Fee Calculator

Hope you like that post!

Forever Geek is a resource for all things geek. You can stay tuned by having the latest FG news delivered to you for free via RSS.